Day: April 5, 2022

Bitcoin Key Indicators Suggest Strengthening Case For Fresh Surge

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Bitcoin is slowly gaining pace above $46,500 against the US Dollar. BTC must clear $47,000 to move into a positive territory in the short term. Bitcoin is slowly moving higher above the $46,500 resistance zone. The price is trading above $46,200 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $46,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a strong increase if there is a clear move above the $47,000 resistance. Bitcoin…

More than three-quarters of central banks considering a CBDC: research

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More than 80% of central banks are interested in launching a Central Bank Digital Currency (CBDC) or have already done so according to research conducted by accounting firm PwC. The second annual Global CBDC Index report released on Monday, April 4, measures a central bank’s level of maturity in deploying its own digital currency. The report also included an overview of stablecoins for the first time. Haydn Jones, Blockchain and Crypto Specialist at PwC U.K. stated in the report that “over 80% of central banks are considering launching a CBDC…

What Is Market Cap? | Crypto Explained | Cryptocurrency For Beginners

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚀 Black Friday Special = 40% off first month premium accelerator: 🚀 Donate for chance to be featured on our livestream: A quick video on what market cap is and how to get the most out of CoinMarketCap.com Market capitalization, or market cap, refers to how much a company is worth as determined by the stock market. It is defined as the total market value of all outstanding shares. To calculate a company’s market cap, multiply the number of outstanding shares by…

Shopify facing another lawsuit from crypto holders over Ledger data breach

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Global e-commerce platform Shopify and hardware wallet maker Ledger face a major legal hurdle as a group of Ledger users have filed a class-action lawsuit for its part in failing to prevent a massive data breach in 2020. The suit was filed in the U.S. District Court of Delaware on Apr. 1 and alleges that Shopify “repeatedly and profoundly failed to protect its customers’ identities.” Shopify and its third-party data consultant TaskUs are being held responsible by complainants for leaking personally identifiable information (PII) of Ledger buyers despite marketing promises…

BaFin Launches Investigation against UpbitFx Exchange

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The German financial regulator, BaFin, announced on Monday a formal investigation of UpbitFx Exchange ltd. According to the press note, the platform is not authorized to conduct business or provide financial services in Germany. BaFin says it has reason to suspect that the platform is used to provide banking services and financial services without the necessary authorization based on the contents of the website upbitfxexchange.com and information and documents available to BaFin. “In several places on its website, the company claims to be regulated by BaFin. This claim is not…

Celo Rises 15% on Barcelona Reveal of $20M ‘Connect the World’ Campaign

CryptoX – Cryptocurrency Analysis and News Portal Edward Moya, senior analyst at Oanda, said Celo has been steadily attracting interest, as many investors are drawn to its crypto potential across smartphone technology and the opportunity it could have playing a key role in central bank digital currencies, known as CBDCs. Source The post Celo Rises 15% on Barcelona Reveal of $20M ‘Connect the World’ Campaign appeared first on CryptoX. CryptoX Portal

📣Verry IMP News 🔴 Indian Government to 🚫ban All Private Cryptocurrency | Cryptocurrency Bill RBI

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UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation – Regulation Bitcoin News

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The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token (NFT) to be issued by the Summer. U.K. Wants to Be ‘the Very Best Place’ to Start and Scale Crypto Companies The British government unveiled several initiatives Monday as part of its plan to make the U.K. “a global cryptoasset technology hub.” They include regulating…

Gryphon Digital Mining Ends Plans to Go Public Through Merger With Sphere 3D

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

68 GPU Home Crypto Mining Farm Tour | What Am I Currently CryptoMining?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s video we go through a tour of my 68 GPU Home Crypto Mining Farm Tour. It has been a blast earning Passive Income from Home Mining CryptoCurrency. Today we go into detail discussing How we Power Our Home Crypto Mining Farm, How we Cool our Home Crypto Mining Farm and More! Throughout the video we discuss each GPU Mining Rig, What am I Currently CryptoMining on that Mining Rig and the Hashrate. In addition later on in the video we…